WTI · Convergence Trade
Current Spread (mark)
updated 26s ago+0.098%higher than 59% of spread values(window 1D)
long $87.6250 · short $87.7105
Entry Spread (order book)+0.075%on $10,000
long $87.6300 · short $87.6958(average execution prices, not mark)
market median $87.6225· long +0.0%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.10%, but entry and exit cost 0.23% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.10% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.50% | 1.00% |
|---|---|---|---|
| Gross profit | +$9.76 | -$40.24 | -$90.24 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(orderbook) | −$5.04 | −$5.04 | −$5.04 |
| Funding drag(est. 1h hold) | −$0.01 | −$0.01 | −$0.01 |
| Net potential | -$13.29 | -$63.29 | -$113.29 |
Breakeven move 0.2305%·Tradeability: 0.4× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~12min)
Exit target: spread compresses to the median 0.09% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 48 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.098%
59 pct
Median
+0.092%
Average
+0.090%
P25 → P75
+0.068% … +0.114%
Range
-0.250% … +0.270%
Std dev
±0.052%
tf
LONG
Pionex(cex)
Pionex(cex)- Mark Price
- $87.6250
- Exchange Ticker
- WTI_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +0.66%
- OI
- $2.52M
- 24h Vol
- $1.96M
SHORT
Aster(dex)
Aster(dex)- Mark Price
- $87.7105
- Exchange Ticker
- CLUSD1
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(4h)
- +0.00%
- OI
- $19.40M
- 24h Vol
- $13.62M
282 long / 283 short samples · 2 days · auto-refresh every 30s